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Uni v e r s i t yo fB ish o p \'sC o le g e Lennoxville, QuebecHic.est a utn squam q u d quaerimus.Horace. u I *VOL.. XIX., No. 3. February 1912.:, TH E MITRE.* / ......* H. C . WILSON & SONS, LTD.
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SC stands for Schedule C, which is a form used by sole proprietors to report their business income and expenses.
Sole proprietors who have a business and operate it as their own are required to file Schedule C along with their personal tax return.
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The purpose of Schedule C is to report the profit or loss from a business operated by a sole proprietor. This information is used to determine the taxable income of the individual.
On Schedule C, you must report your business income, expenses, cost of goods sold, and any other relevant financial information related to your business operations.
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